Friday Jul 25
This week in bitcoin: Barry Silbert bets big on bitcoin, even as price falters
This week's bitcoin review takes a look at SecondMarket CEO Barry Silbert's resignation to focus only on bitcoin, even as the price dips below $600.
Silicon Alley Insider
Bitcoin Evangelists Are Furious About New York's Proposed New Digital Currency Rules
This morning the New York Department of Financial Services released a draft proposal of how they would regulate Bitcoin businesses.
Wall Street Journal
VC Tim Draper Is Sole Winner of the U.S. Bitcoin Auction
Tim Draper, a well-known Silicon Valley venture capitalist and founding partner of Draper Fisher Jurvetson, was the sole winner in the U.S. Marshals Service's auction of 30,000 bitcoins that were seized as part of the October Silk Road bust, according to a post on the blog of Vaurum , a bitcoin exchange service in which Draper is an investor.
Bitcoin Auction Ends, Single Bidder Wins Entire Cache
A single bidder bought a large cache of bitcoins at an U.S. government auction, part of a larger pool of the virtual currency seized from the Silk Road website.
New York Business.com
Silicon Alley darling Tapad raises $7M in new capital
The multi-device advertising platform startup will look to expand its European operations after a second successful Series B round.